Question 1 -- / 10 Efficient market hypothesis implies that prices are predictible in the short-run but not in the long-run. Is this true or false? T) True F. False The capital asset pricing model (CAPMy assumes which bf the following? 1. A risk-free asset has zero total risk. II. Beta is a reliable estimate of systematic risk. III. There is no proxy for the market rate of return. IV. The reward-to-risk ratio is constant. Tand 11 I, II and III II, III and IV I, II and IV I, III and IV